Adrofx Established in 2018, AdroFx is regulated by multiple authorities and provides services to clients from more than 200 countries. The company offers a full-fledged trading experience with numerous benefits: education, copy-trading, instant order...
As the name implies, an expert advisor (EA) is a piece of software that makes trading decisions on your behalf. After installing Forex EA on a trading platform, the expert advisor or trading robot will manage your trades based on some predetermined...
Fiscal policy plays a significant role in influencing currency pair movements by shaping a country’s economic outlook and investor confidence. Fiscal policy refers to government decisions on taxation, public spending, and budget deficits or...
The success of a short position trade in the forex market depends on several critical factors that traders need to consider. These factors play a significant role in determining the profitability and risk associated with short selling:
A bear flag pattern is a popular continuation pattern in technical analysis that signals the potential continuation of a downtrend after a brief pause. It forms when price experiences a sharp decline, known as the flagpole, followed by a short period...
The forex bear indicator is a technical analysis concept used by traders to identify bearish market conditions in the foreign exchange (forex) market. A “bearish” market indicates that currency prices are likely to fall, meaning sellers dominate...
In the world of trading, there is no such thing as a risk-free transaction. Whether you're buying or selling stocks, currencies, commodities, or any other financial asset, there is always an element of risk involved. These risks can come in many...
Utilizing liquidity providers offers several key benefits for market participants. Firstly, liquidity providers ensure the availability of continuous and deep liquidity in the market. This is crucial for traders who need to buy or sell assets quickly...
Every forex trader should commit to always using a stop loss because survival matters more than being right. The forex market is highly leveraged and unpredictable. Prices can move sharply due to news, low liquidity, or sudden sentiment shifts. A...
In forex, the hourly timeframe is a commonly used chart interval that provides traders with a detailed view of price movements and market dynamics. This timeframe is a crucial element of technical analysis and plays a significant role in helping...